Shares, oil volatile ahead of NATO Russia-Ukraine summit

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Reuters UK

By Marc Jones LONDON (Reuters) – World share markets were choppy on Thursday as the Russia-Ukraine war kept oil above $120 a barrel, while “stagflation” worries rose on renewed talk of aggressive U.S. interest rates hikes and slowing growth. Europe’s main stock indexes barely budged and government bond yields edged up toward multi-year highs hit earlier in the week as March PMI data came in reassuringly robust. Focus was otherwise on a Thursday special NATO summit in Brussels, which U.S. President Joe Biden will attend, to discuss further responses to Russia’s month-old invasion of Ukraine, wh…

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